OneMedNet Co. (NASDAQ:ONMDW – Get Free Report) saw a large decrease in short interest in the month of February. As of February 13th, there was short interest totaling 25,987 shares, a decrease of 14.3% from the January 29th total of 30,334 shares. Based on an average daily volume of 5,535 shares, the days-to-cover ratio is currently 4.7 days. Based on an average daily volume of 5,535 shares, the days-to-cover ratio is currently 4.7 days.
OneMedNet Stock Down 37.8%
Shares of OneMedNet stock traded down $0.04 during trading on Thursday, reaching $0.06. 19,200 shares of the company were exchanged, compared to its average volume of 13,097. The business has a 50-day moving average price of $0.11 and a 200-day moving average price of $0.11. OneMedNet has a twelve month low of $0.02 and a twelve month high of $0.24.
About OneMedNet
OneMedNet Inc is a special purpose acquisition company incorporated as an exempted company under the laws of the Cayman Islands in March 2021. The company was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, or similar business combination with one or more businesses, initially focusing on opportunities in the healthcare and medical technology sectors.
OneMedNet’s units and public securities are listed on the Nasdaq, with its warrants trading under the ticker ONMDW.
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